please be able to calculate percentage(%) for a budget:
If John takes home $1200 each month and he spends $80 on food, $50 on entertainment and $450 on rent what percent of his take-home pay is John spending on each item?
Food_______
Entertainment_____
Rent______
2007-07-13 12:10:27 · 4 answers · asked by Juan C 6 in Business & Finance ➔ Other - Business & Finance
6.66% in food
4.16% in entertainment
37.5% rent
51.66% in leftover
the formula:
x over one hundred equals is over of
after cross multiplying you are given the following for food:
1200x=8000 divide 8000 by 1200 to get the variable on one side. x=6.66%
2007-07-13 12:21:03 · answer #1 · answered by Phradoe 2 · 0⤊ 0⤋
Divide each item by $1200 for the % !
Food is 80 / 1200 = ?
Entertainment is 50 / 1200 and
Rent is 450 / 1200 soooooo . . .
Now use your calculator to finish your homework .
2007-07-13 19:19:02 · answer #2 · answered by kate 7 · 0⤊ 0⤋
food - 6.4%
entertainment- 4.1%
rent a little under 38%
these were close guesses i did them on my phone lol
2007-07-13 19:16:48 · answer #3 · answered by Taylor 2 · 0⤊ 0⤋
48.3 % total
37.5% rent
4.7 %entertainment
6.1%food
2007-07-13 19:21:02 · answer #4 · answered by Etta P 4 · 0⤊ 0⤋